Simplicity Bancorp, Inc. Declares Quarterly Dividend

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| Source: Simplicity Bancorp, Inc.

COVINA, Calif., Jan. 30, 2014 (GLOBE NEWSWIRE) -- Simplicity Bancorp, Inc. (Nasdaq:SMPL) announced today that on January 29, 2014 its Board of Directors declared a quarterly cash dividend of $0.08 per share on its common stock. The dividend will be paid on February 28, 2014 to the shareholders of record as of the close of business on February 14, 2014.

Simplicity Bancorp, Inc. is the parent corporation for Simplicity Bank, a federally chartered savings bank headquartered in Covina, California. The Bank operates seven branches in California, as well as a statewide network of 46 ATMs.

Simplicity Bancorp, Inc. stock trades on NASDAQ under the SMPL symbol. For additional information, visit www.simplicitybancorp.com or www.simplicitybank.com.

Dustin Luton, President and Chief Executive Officer
Jean M. Carandang, Chief Financial Officer
(626) 339-9663 x1207